NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.06 per $10,000 · paid last 24h +0.213%

Price spread now: Backpack against SoDEX+0.135%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Backpack is 0.135% dearer against SoDEX than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX NEAR-USD	4.3025	0.0608	pay 0.0076% / 1h	36m 12s	$6K	$53K	10x
Short	Backpack NEAR_USDC_PERP	4.3083	0.0653	get 0.0082% / 1h	36m 12s	$1.3M	$6.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against SoDEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SoDEXbpFee BackpackbpOrdersPrice spread, now +0.135%Rate

Funding earned: $9.42
Price spread: +0.135% → 0.000%: $13.48
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Backpack: 5 bp × 2 orders: −$10
Net: $4.9
Costs to cover: 0.180%
Break-even: 3.4 days

Slippage unknown: SoDEX: no order-book sample; Backpack: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SoDEX no order-book sample	—	—	—	—	—
Sell Backpack live order book, 3 min ago	1.63 bp	6.6 bp −$7	20.5 bp −$205	doesn't fit	doesn't fit

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya NEARRUSDPERP	−0.0171%	1h	4.2996	−0.066%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2996	−0.069%	$106K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.2993	−0.074%	$161K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.754%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3070	+0.105%	$113K	$500K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3076	+0.118%	$263.2M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3007	−0.042%	$213.8M	$420.3M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3050	+0.058%	$60.6M	$285.7M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2850	−0.407%	$244K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3040	+0.035%	$32.4M	$59.9M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NEAR_USDT	+0.0100%	8h	4.3070	+0.105%	$72.9M	$143.2M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3050	+0.058%	$51.9M	$45.4M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3055	+0.070%	$71.2M	$127.3M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3060	+0.081%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.2808	−0.504%	$8.2M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2857	−0.391%	$250K	$948K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2845	−0.419%	$1.4M	$1.5M	10x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3068	+0.100%	$263K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3054	+0.067%	$56K	$243K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3120	+0.221%	$2K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3140	+0.267%	$464K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3050	+0.058%	$3.6M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3056	+0.072%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3078	+0.123%	$200K	$37K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2990	−0.081%	$13.3M	$31.7M	75x	as long as short
ApeX Omni NEARUSDT	+0.0228%	1h	4.2890	−0.314%	$165K	$794K	50x	as long as short
Kalshi KXNEARPERP	+0.0250%	8h	4.3032	+0.016%	$858K	$24.5M	2.2x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0256%	1h	4.3149	+0.288%	$2.3M	$15.9M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0311% / S −0.0198%	1h	4.2980	−0.104%	$232K	—	100x	as long as short
Aster NEARUSDT	+0.0336%	8h	4.3050	+0.058%	$2.8M	$5.4M	50x	as long as short
Nado NEAR-PERP	+0.0350%	1h	4.3034	+0.020%	$1.7M	$3.2M	10x	as long as short
Extended NEAR-USD	+0.0536%	1h	4.3011	−0.032%	$3.7M	$19.8M	25x	as long as short
SoDEX NEAR-USDlong	+0.0608%	1h	4.3025	long leg	$6K	$53K	10x
Backpack NEAR_USDC_PERPshort	+0.0653%	1h	4.3083	+0.135%	$1.3M	$6.7M	20x
Hyperliquid NEAR	+0.0714%	1h	4.3108	+0.193%	$352.1M	$309.9M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0735%	1h	4.3029	+0.009%	$7.5M	$38.6M	50x	as long as short
01 Exchange NEARUSD	+0.0752%	1h	4.3154	+0.300%	$13K	$7K	10x	as long as short
Arcus NEAR-USD	+0.0814%	1h	4.3110	+0.198%	$216K	$1.6M	10x	as long as short
Pacifica NEAR	+0.0847%	1h	4.3042	+0.039%	$394K	$1.3M	10x	as long as short
Lighter NEAR	+0.0920%	1h	4.3086	+0.141%	$16.9M	$25.1M	15x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1029%	1h	4.3049	+0.056%	$2.0M	$11.0M	25x	as long as short
Phoenix NEAR	+0.1033%	1h	4.2945	−0.186%	$1.8M	$2.5M	10x	as long as short
Lighter RH NEAR	+0.1104%	1h	4.3092	+0.156%	$1.5M	$7.3M	10x	as long as short
RISEx NEAR/USDC	+0.1220%	1h	4.3106	+0.189%	$693K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1405%	1h	4.2882	−0.332%	$5K	$12K	10x	as long as short